#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
WSPN and Polygon Labs have reached a strategic partnership, and the two sides will work together to promote digital financial innovation.
On November 25th, WSPN, a digital payment solution provider, announced a strategic partnership with the blockchain technology company Polygon Labs to jointly promote digital financial innovation, focusing on the application scenarios of WSPN's stablecoin WUSD. This collaboration will further accelerate the market layout of WUSD and leverage Polygon Labs' technical support to promote widespread global use of WUSD. According to the cooperation protocol, the two parties will carry out Depth cooperation in multiple areas. In the Hong Kong and Singapore markets, the two parties will provide innovative payment and tokenization solutions for enterprises; in the African market, they plan to develop multiple on-chain green financial projects; at the same time, the two parties will also join hands to build a DeFi platform that combines their respective technological advantages, providing users with higher quality digital Financial Service.